Description
Part A:
In “Business Model Innovation in Practice," Euchner and Ganguly (2014) discuss the challenge of implementing innovations within organizations that are naturally resistant to change. They present a systematic approach for integrating innovations to increase the likelihood of acceptance and success. Review their five-step approach and discuss how the four functions of management (planning, organizing, leading and controlling) can be leveraged within in their suggested approach to assist organizations in implementing successful innovations.
Part B:
How do you implement a new strategy without disrupting your organization?
Explanation & Answer
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Integrating Innovation
Thesis statement: Approach for integrating innovations to increase the likelihood of acceptance
and success.
1. Part A- Business Model Innovation Approaches
2. Part B- implementing a new strategy without disrupting your organization
Running head: INTEGRATING INNOVATION
Integrating Innovation
Institution Affiliation
Date
1
INTEGRATING INNOVATION
2
Part A
For every business to have a competitive edge, a business innovation model is a vital
tool, and designing a business model requires knowledge, skills and experience (Euchner &
Ganguly, 2014). Management can rely on some approaches of incorporating innovations to
increase ...
Review
Review
